10:59 AM EST, 11/18/2024 (MT Newswires) -- (Updates with the latest stock movement in the last paragraph.)

Twist Bioscience ( TWST ) reported a fiscal Q4 loss Monday of $0.59 per diluted share, narrower than its loss of $0.81 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.70.

Revenue for the quarter ended Sept. 30 was $84.7 million, up from $66.9 million a year earlier.

Analysts surveyed by Capital IQ expected $82.7 million.

The company said it expects fiscal Q1 revenue of approximately $87 million. Analysts surveyed by Capital IQ expect $84.3 million.

For fiscal year 2025, the company expects revenue in a range between $367 million and $377 million. Analysts polled by Capital IQ expect $373.2 million.

The company's shares were up nearly 13% in recent trading.

Price: 41.66, Change: +4.77, Percent Change: +12.92